FORM FORM
$128.09 · scored 11:30 · fresh
Decision brief
NEUTRAL · 50/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 50/100
For the read
options volume favours calls
Against / uncertainty
open interest leans against the read · signal stability is low
The read
Neutral, moderately evidenced .
−100 bearish 0 bullish +100
−6.7 composite
Evidence
50 / 100 · top 51% today
1,754 contracts · quality 74 · stability 0.00
neutral · −1.21% · n=1,423
What traded today · weight 62%
+10.7 pts
1,028 calls · 58.6% 726 puts
bias +17.2 × 0.62
What’s on the books · weight 38%
−17.4 pts
16 call OI · 27.1% 43 put OI
bias −45.8 × 0.38
Equals
−6.7
38% of the score comes from today’s volume, 62% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring FORM today. There’s one reading so far. The 14-day chart fills in as the hourly tape arrives. Nothing here is back-filled or guessed.
03
Should you trust it? note Some evidence, not a lot confidence 50 (49th pct) · quality 74 · 1,754 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 36
note Neutral reads make no call neutral · call-heavy · low liquidity → −1.21% avg, n=1,423
note Too few of our calls checked 0 closed calls on FORM
04
Where the positions sit calls traded strike puts traded
Spot $128.09 highlighted. The $55 strike holds the most open interest (the “wall”, 27). Near-dated expiry in the mix, so OI is noisier.
05 Our record on FORM Proof We haven’t checked a call on FORM yet. Each read is checked 4 hours, 1 day and 3 days after it’s made.
06
Catalysts & context EPS surprise · last 4 quarters
No reported quarters stored yet.
Street — Next report —
P/E — Beta —
52w — IV rank —
FORM
Neutral, moderately evidenced .
−100 bearish 0 bullish +100
−6.7 evidence
neutral · −1.21% · n=1,423
Why it’s −7
+10.7 volume · 59% calls−17.4 OI · 27% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
note Some evidence, not a lot confidence 50 (49th pct) · quality 74 · 1,754 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 36
note Neutral reads make no call neutral · call-heavy · low liquidity → −1.21% avg, n=1,423
note Too few of our calls checked 0 closed calls on FORM
What traded today · 62%
+10.7 pts
1,028 calls · 726 puts · bias +17.2
What’s on the books · 38%
−17.4 pts
16 call OI · 43 put OI · bias −45.8
— price ◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $55 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about FORM
Not enough tape history on FORM for a weekly brief yet. Ask anything below.
Why is our FORM record what it is? What’s the $55 wall?